Urban Renewal

ORS 457.437
Consultation with municipalities

  • resolution requirements


(1)

Prior to the establishment of a maximum amount of indebtedness for an urban renewal plan under ORS 457.190 (Acquisition of funds by urban renewal agency) and before an option is adopted under ORS 457.435 (Property tax collection methods for existing plans), the urban renewal agency that is carrying out the plan shall meet with the governing bodies of the municipality that activated the urban renewal agency and other municipalities affected by the urban renewal plan and review the proposed maximum amount of indebtedness for the plan and the agency’s recommended option under ORS 457.435 (Property tax collection methods for existing plans).

(2)

After the meeting described in subsection (1) of this section, the governing bodies shall adopt resolutions in support of or opposition to the recommended option under ORS 457.435 (Property tax collection methods for existing plans).

(3)

If an affected municipality adopts a resolution in opposition to the recommended option, then the agency’s recommendations may be adopted only by the adoption of a separate resolution by the municipality that activated the urban renewal agency. [1997 c.541 §454a]
§§ 457.420 to 457.450

Notes of Decisions

Tax increment financing procedure did not violate Article XI, section 11 of Oregon Constitution which prohibits taxing unit's use of power of levy to raise more revenue than its tax base. Dennehy v. Dept. of Rev., 305 Or 595, 756 P2d 13 (1988)

Atty. Gen. Opinions

Urban renewal financing by taxes, (1974) Vol 36, p 1005; withdrawal of funds by county assessor from urban renewal agency, (1977) Vol 38, p 1062; expected effect of Ballot Measure 47 (Oregon Constitution Article XI, section 11g) on investment bonds, (1996) Vol 48, p 67

Law Review Citations

61 OLR 123 (1982)

Chapter 457

Notes of Decisions

Provisions of this chapter creating urban renewal agencies, and provisions of Housing Authorities Law, ORS 456.055 to 456.235, are parallel statutory schemes, and thus identical provisions in the two acts will be given same effect. Housing Authority of Lane County v. Board of Commissioners, 35 Or App 785, 582 P2d 844 (1978), Sup Ct review denied

Atty. Gen. Opinions

Authority of urban renewal agency in selection of projects and delineation of project boundaries, (1977) Vol 38, p 1062


Source

Last accessed
Jun. 26, 2021